72577 Property Tax Rate

Property owners in ZIP code 72577 (Sidney, Arkansas) pay a median of $497/year in property taxes on homes valued at $131,400. This translates to an effective tax rate of 0.38%, which is 34% below the Arkansas state average of 0.58%.

The monthly property tax burden for a median-valued home in 72577 is approximately $41, which factors into escrow payments on mortgages. This ZIP code is located within Izard County. This is $238 less than the Arkansas average of $735/year.

Compared to similar ZIP codes in Arkansas, 72577 has higher property taxes. ZIP codes with similar effective rates include 72453 (0.38%) and 72536 (0.38%).

In Sidney, property taxes represent approximately 0.9% of the median household income of $54,238, providing context for the relative tax burden on homeowners in this area.

Arkansas has no statewide property tax cap; Izard County assessments reflect fair market value and can rise annually based on county appraisals. The Homestead Exemption provides a $4,500 exemption on assessed value for owner-occupied homes — file your claim with the Izard County Assessor immediately after closing. Request written confirmation of your exemption and check your Notice of Assessment to verify the reduction took effect.